Accepting Backups

505 Golf Road

Arlington Heights, IL 60005
$995,000
0beds
0baths
sqft
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About this home

**NOTE: Owner just won a BIG REDUCTION in taxes through an appeal! Financials available on request.** This well built and well maintained building has been owned by its original builder since the day it was built. It's very well suited to an owner/user who values the range of options it provides to scale a business while also generating rental income. The building is located in a high traffic corridor on Rt 58/Golf Rd and is adjacent to major redevelopment projects currently underway in this section of Arlington Heights. The Bears aren't the only ones who've made a big investment in Arlington Heights! The Gateway Project, which is immediately next door to this property is a comprehensive redevelopment plan for the I-90 access route into Arlington Heights. There are currently two major development projects underway or nearing completion within this area and a major development currently being planned (Urban Street) almost directly across the street from this property. This is a solid property to own today and will only grow in value as the many adjacent developments are completed. This building also includes c. 8,000 s.f. of basement space, all of which features excellent ceiling height and much of which is finished into meeting rooms, break rooms, a kitchen, etc.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1990
Lot size
Annual tax$100,182
CountyCook
MLS #MRD12567411
Days on market49

Features

Cooling
Central Air
Utilities
Electricity NearbyNatural Gas NearbySewer Nearby
Construction
Brick
Listed by
Keller Williams Success Realty
Tyler Lewke · 815-307-2316

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/2/2026, 8:01:20 AM. All data should be independently verified.

This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.

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